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T O P I C R E V I E W
RCV
Posted - 02 May 2009 : 10:25:14 Hi, I am new and green. Is it possible for someone else to declare you bankrupt? I have separate debts of £9000 and £2500 owed to different creditors. The £9000 one has just arranged for me to be taken to court. I have a flat which probably has no equity in it, although I am not sure of that (it is worth around 300000k). Please could someone advise. Thank you in anticipation.
2 L A T E S T R E P L I E S (Newest First)
beau
Posted - 02 May 2009 : 20:11:16 in my experiance i think that for that amount of debt and no equity its more than likely that your criditers would add a charging order rather than take you bankrupt... hope this helps
Niobe
Posted - 02 May 2009 : 11:13:21 Hi,
Yes, anyone you owe money to (as long as it is over £750) can apply to make you bankrupt.
